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Selling Your Home On Long Island? Here Are A Few Important Open House Tips

Selling Your Home On Long Island? Here Are A Few Important Open House Tips
December 12, 2019

Open houses are great for marketing homes for sale, and they are often a go-to strategy to peak home buyer interest without a scheduled showing. If you’re selling your home on Long Island, an open house is a must. Unless your home is in not so great condition, or the location is not suitable.

If you are using a real estate agent to sell your home on Long Island, and they have not brought up the topic of having an open house, you should definitely bring it up. Because getting more walk-through traffic at your for sale home is the best way to land an offer.

Let’s take a closer look at a few important open house tips for selling your home on Long Island.

When Should I Have An Open House?

You definitely want to have an open house over the weekend, because home buyers are not working and typically house hunt on Saturdays and Sundays. The day and month are also important factors involved when choosing when to have an open house, especially when selling your home on Long Island.

Typically you want to choose a day and month that has no competing events in your area, as well as no holidays. For instance, an open house on Labor Day weekend may not be ideal for maximum buyer traffic. Having an open house the day of the annual community festival is also not a good idea.

Weather can also be a determining factor for how much home buyer traffic you get for your open house. If it’s raining, snowing, or windy, it may not be suitable weather. This time of year it can be tough to gauge on Long Island, so check weather forecasts.

Getting Prepared For Your Open House On Long Island

You will want to start preparing for your open house about a week prior. If you have a realtor, they may have a strategy and action plan to increase home buyer traffic. If you’re selling your home on Long Island “By Owner” you will need to do the marketing yourself.

Here are a few quick open house preparation tips:

  • Begin to stage your home for the open house. Staging your home is a very important open house tip, because it is a chance to highlight your home’s key features while discarding the not so great stuff. For instance, you will want to declutter your home as much as possible. And also depersonalize it by taking down the family photos and similar items personal to you and your family.
  • Increase your home’s curb appeal. A week before the open house, you should hire a landscaper to come in and spruce up the front and back of your home. Even though it’s an open house, potential home buyers will absolutely be looking at the exterior.
  • Host a pre-event just for real estate agents and brokers. This can be a great way to get feedback about how your home shows. You can also get tips on your asking price and more. The only downside here is that you may end up hiring an agent and needing to pay them up to 6% commission from your home sale.

If you have pets, be sure to make arrangements for them to be elsewhere. You don’t want them messing up a possible sale by slobbering all over buyers.

2 to 3 Days Before The Open House

It’s crunch time 2 to 3 days out. This is when you’ll need to start really deep cleaning. You want all pet hair gone, bathrooms looking perfect, appliances shiny, and flooring shimmering. And don’t forget the windows, an often overlooked part of the home. Clean as much as possible, or bring in the professionals to ensure your home is perfect. 

Once clean and shiny, take plenty of photos and create a small one page brochure buyers can take home with them. You can include photos, key selling features like new appliances, home size, number of bedrooms and bathrooms, and more. Just keep in mind that a good balance of photos and text is best.

The Day Before Your Open House

If you prepared and stuck to the schedule, most of the work is done. You simply need to maintain the cleanliness of your home and do one last sweep to ensure everything is perfect. 

The day before your open house, you should definitely air out your home and ensure it smells good. Consider scented candles and baking cookies. You could even head to the local florist and get a few arrangements to add extra ambiance for home buyers.

Selling Your Home On Long Island Without An Open House

If all this open house preparation sounds like too much work, there are options to skip the open house altogether and actually sell your house faster. This is where direct home buyers like DealHouse come in. 

You can get a competitive cash offer on your Long Island home within 24 hours and even choose your closing date. Some of our clients have sold their homes to us and moved on with the next chapter of their lives within a week or two. Selling your home is really that simple.

Checkout our 3-step home buying methodology:

We buy homes in Suffolk County and Nassau County on Long Island, New York, purchasing homes in Amityville, Babylon, Bayshore, Deer Park, East Islip, Elwood, Farmingdale, Farmingville, Hauppauge, Kings Park, Lake Grove, Lake, Ronkonkoma, Levittown, Massapequa Park, Medford, Nesconset, Oakdale, Patchogue, Smithtown, West Islip, West Babylon, and other cities listed below.

Long Island cities to get cash offer on a house with DealHouse

Get an offer on your home with DealHouse, because you don’t need to deal with the stress and hassle of selling your home. You may be surprised by how competitive our offers are.

Is Your Home Not Selling? You Could Be Making Home Selling Mistakes!
December 11, 2019

Selling a home is certainly not easy. There are listing agents to choose from, repairs and renovations to make, decluttering to attend to, deep cleaning involved, and much more. In theory, when done right, a home sale is the outcome. 

Unfortunately, mistakes are made by home sellers and their listing agents. Are you selling your home? How long has your home been listed? Has it been more than a month? Maybe two months? If your home is not selling, you and your listing agent could be making the following home selling mistakes.

6 Common Home Selling Mistakes You Could Be Making

Home Selling Mistake #1. Your Asking Price Is Unrealistic

This is one of the most common home selling mistakes made by home sellers. And you could be doing it without even knowing. Your home’s asking price is a very important element, because it is often the first qualifier for potential home buyers. A realtor usually won’t show buyers homes outside of their price range.

The aim for a home seller is to hit the fair market value (FMV) for their home. This is the price a home seller and home buyer feel good about in order to make the sale. But hitting that perfect price is challenging.

For example, the average home value in Suffolk County, Long Island, New York is around $530,000. So naturally, this would be the benchmark for home sellers in that area right? Not so fast. Home values in an area do not always match what homes are actually selling for. 

In Suffolk County, Long Island, New York, homes are really selling for around $400,000. You can see the issue. This makes it important to really do your research and ensure your asking price hits the fair market value for your area. Otherwise, you could see months fly by without getting a home showing.

Wondering how much your home is worth? Get your home value from DealHouse and price your home to sell. It’s free, done online, and you get your home value within 24 hours.

Here’s how we calculate home value:

Home Selling Mistake #2. You Don’t Fully Understand The Cost Of Selling Your Home

Home sellers often think that they get 100 percent of the home sale, but this, unfortunately, is not the case. There are a lot of costs associated with selling your home the traditional real estate way. 

For example, you can expect up to a 6 percent loss right off the top to cover realtor commission. So if you sell your home for $350,000, you automatically lose $21,000. That could be the down payment on a new home.

Then you need to factor in closing costs, home repairs, and potential concessions to the buyer. With everything calculated, you could be shelling out 10 percent after closing. For a $350,000 home sale, that’s $35,000 in selling costs. Not exactly exciting, and could add to the stress of selling your home.

The good news is that you can sell your home without losing 10 percent. Get a competitive cash offer from DealHouse and get the money you deserve for your home. 

Home Selling Mistake #3. Home Buyers Generally Don’t Want A Fixer-Upper

This another critical home selling mistake sellers make. When home buyers are looking at a potential house to buy, they don’t want to move-in and start fixing things, like a roof, back porch, flooring, and other home features. Home buyers also don’t want to spend more on a home they just invested hundreds of thousands of dollars on.

Most buyers want to purchase a home, move-in, decorate to their tastes, and not worry about costly repairs for years. If your home has some major repairs to tend to, you may have trouble selling your home as-is

Impossible? No. However, if your home has been listed for months, the condition of the house could be to blame.

There is a catch-22 here. You are already planning on losing 10 percent of your home’s sale to selling costs and realtor commission, and you may not want to spend tens of thousands on repairs, renovations, and new appliances.

Take a hard look at some of the areas of your home that could be lackluster, get a quote, and consider making necessary fixes to sell your home faster. 

If the cost of repairs are too high, don’t worry, because there are direct home buyers that can help. Instead of losing more money, you can sell your home to a direct buyer and skip the hassles.

Home Selling Mistake #4. Failing To Stage Your Home For Maximum Selling Potential

Have you had plenty of home showings, but no real interest? This leads us into our next home selling mistake — not staging your home to sell. This is actually pretty common, because home sellers still need to live in the home prior to selling it. But there are some easy home staging tactics you can employ to maximize selling potential.

  • Declutter your home. Decluttering your home serves two purposes. First, it opens up the rooms of the house that may have too much clutter. This adds space. Second, it allows potential buyers to envision themselves living in the house.
  • Add curb appeal. The first thing potential home buyers see is the outside of the home. This makes it very important to do a bit of landscaping, such as maintaining the lawn, trimming bushes, power washing walkways, laying mulch, and even adding flowers if it’s that time of year.
  • Deep clean your home. A clean home is essential during showings. You want hardwood floors to shine, carpet professionally cleaned, appliances sparkling, bathroom facilities without grime, and cobwebs off the walls. 

The above are only a few home staging must-dos. They will, however, get things moving in the right direction. Maximize your home’s selling potential and ensure everything is staged correctly.

Home Selling Mistake #5. Your Listing Agent Is No Good

This is a big one. Real estate agents are not all created equal, and if you choose the wrong one, your house could be sitting on the market for quite awhile. For instance, if you need to sell your home fast, maybe due to a new job across the country, you want a listing agent that does volume. 

Would you rather go with the realtor who sells 5 to 10 homes per year, or the realtor who sells 50 to 100 homes? In most cases, the latter is going to be able to sell your home fast. Ask your future or current listing agent these important questions:

  • How many homes do you sell per year?
  • What’s their commission rate, and is it negotiable?
  • What’s the marketing plan for your home?
  • How much have previous listings sold for?
  • Do they have competing listings?
  • What’s their overall home selling strategy?

Even if you properly qualify your real estate agent, you still may find your home sitting on the market for a lengthy period of time.

Home Selling Mistake #6. You Haven’t Considered A Direct Home Buyer

Many home sellers don’t know that they do not need to go the traditional real estate route anymore. The digital age and web technology allows home sellers to easily connect with direct home buyers. Direct home buyers purchase homes at a competitive price, all without the costly commissions and fees associated with selling a home.

This can be enticing for home sellers that need to sell their house fast, as well as sellers that don’t want to do repairs, or deal with showings. Direct buyers like DealHouse make very competitive offers on homes within 24 hours of a seller filling out some basic information online.

We have truly simplified the home selling process. Check out what our clients have said about us, and get a home cash offer today!

Should Home Sellers Be Home During A Showing To Prospective Buyers?
December 10, 2019

This is definitely a common question, “Should home sellers be home during a showing to prospective buyers?” It is actually not uncommon for home sellers to be home when home buyers swing by to see the home they are interested in. The showing is often led by the home buyer’s real estate agent.

The showing of a home is a very critical moment in the home selling process. Buyers liked what they saw online, the asking price is within their range, and now it’s time for the real thing. However, you the home seller may not want to interrupt. Sure, you know your home better than anyone else, but trying to be helpful during a home showing can actually hinder the sale.

Even if you mean well, home buyers may be turned off by you being a shadow during the showing. And a home seller being home during a showing to prospective buyers can make it a more stressful experience for buyers. In fact, it could be a bit awkward.

Let’s dive a little deeper into the common question, “Should home sellers be home during a showing to prospective buyers?” It may help you decide if you really want to be home when buyers pay a visit to see your house.

Whose responsibility is it? Home seller? Listing agent? Both?

A home seller’s presence during a showing is actually not the responsibility of the seller. This all actually falls on the listing agent. After all, as a home seller you just want to be helpful and get your house sold as fast as possible. Your listing agent should have the “showing” talk with you prior to any showing.

He or she should explain the proper home showing etiquette. However, many real estate agents agree that the best etiquette in this situation is simply not being home. This includes a number of occasions like:

  • Home buyer showings
  • Broker tours
  • Open houses
  • Buyer appraisals
  • Home inspections

If you’re a seller that is ready to talk your home up, it may be best to save the discussion for your listing agent. They are responsible for knowing the ins-and-outs of your home. Any good listing agent should know as much about your home as you. This includes upgrades, remodels, defects, and special features that could be leveraged as key selling points. 

Otherwise, why do you even need a real estate agent? You’re essentially paying them to market, promote, and get a buyer interested enough to purchase your home. 

Did you know you can skip the listing agent? Get a competitive cash offer on your home within 24 hours with DealHouse. No listing agent, no lofty realtor commissions, no stress of showing your home for months on end.

Give your potential home buyers the space they need to make a decision

This is very important when answering the question, “Should home sellers be home during a showing to prospective buyers?” The real estate agent of prospective home buyers wants you to not be at home, because they want privacy for their buyers.

In fact, the first home showing is all about imagination. The real estate agent of the buyers wants them to imagine themselves living in the home. If you the home seller is lurking around, this can be tough.

A home seller’s presence can make buyers feel uneasy, and actually rush the home showing. This is bad news for home sellers, since the longer buyers are in a home, the better chances of a sale.

Don’t be a home seller that sabotages your own home sale by being home during a showing. And sometimes you could overhear comments that will potentially lead you to not like the buyer. For example, a buyer may comment on the small kitchen, or disarray of the appliances. Overhearing comments like that could make things personal, and this is bad for a sale.

Home seller tips when it is time for a showing

Ultimately, home sellers should leave when there is a showing. But other home seller tips may prove useful when trying to sell your house fast. For example, decluttering your home as much as possible in order to help potential buyers envision themselves living in your home. It just looks ready to be lived in.

If you have pets, take them with you when there is a home showing. If you are going to be at work during the showing, you should have a plan for your pet, such as taking your pet to the local boarder, or leave your pet with a neighbor. If your pet is home during a showing, it could hinder a sale.

And ensure your home smells inviting. Smell plays a big role when it comes to selling a home. If your home smells funky, it could rush the showing and thus no offer. You can bake cookies or invest in an aroma diffuser to make your home smell warm and inviting when potential buyers come in for a showing.

Skip the hassle of home showings and sell your home fast to a direct home buyer instead

If you don’t want to leave your house every time someone wants to see it, know there are great alternatives to traditional home selling methods. Like getting a competitive offer for your home. And you even get to choose your closing date. You could sell your home in a few weeks with DealHouse.

We are direct buyers of homes in Suffolk County and Nassau County on Long Island, New York. We have simplified the home selling process by eliminating the long wait, high realtor commissions, home sales fees, and other hidden costs of selling a home.

You can learn more about our 3-step method to sell your home fast in the video below.

If you don’t want strangers in your home weekly, or if you don’t want to pay someone to sell your home, you can sell direct to DealHouse. Get a great offer on your home within 24 hours.

When Is A Home Considered Sold? Home Selling Process Explained
December 06, 2019

If you’re selling your home, you may be wondering what steps are factored into the home selling process. Selling a home is definitely not like selling anything else. There are contracts to sign, home inspections, contingency home sales, and home buyer loans that need to be approved. All this can leave a home seller wondering, “When is a home considered sold?”

Technically, a home is officially sold until the home seller no longer has ownership. This means the deed of the house has been legally recorded, money for the home has been disbursed, and the deed is in the home buyer’s hands.

This seems simple enough, but the actual home selling process is far more in-depth and can take quite a bit of time. For instance, there are state laws that could even derail a home sale. 

What does this all mean? Home sellers need to know the home selling process fairly well in order to protect themselves and their home. Let’s take a closer look.

Home Sale Purchase Agreement

A potential home buyer has viewed your home, questions have been addressed, and an offer has been made by the home buyer. This triggers the home selling process. Once a buyer makes an offer, you can choose to reject the offer, or accept it. You may also want to counteroffer, but this could lead to a lengthy negotiation.

Once price has been agreed on, your home goes from listed and available to “pending sale.” Your real estate agent might even place s sign up noting that the home is “pending” or “in escrow” for other potential buyers to see.

The offer is accepted and it’s time for you, the home seller, and the home buyer to sign a purchase agreement. A purchase agreement includes:

  • Home seller and home buyer ID verification
  • The legal description of the home and property
  • Financials (purchase price, buyer financials, money down, closing costs)
  • Home sale conditions to be met and adhered to
  • Timeline for the sale (contingencies, offer expiration, closing date)

Home Inspections Before Sale

Home buyers will schedule a home inspection before the closing date. These inspections are done in order to protect the home buyer’s future investment. It is important to note that if a home inspection uncovers something, the home buyer may reopen negotiations. 

For example, if a home inspection turns up a crack found in the foundation, the home buyer may insist it is repaired prior to the sale going through. These types of repairs can be costly, and add a lengthy period of time when the home will be out of your hands.

Home Buyer Loan Approval

When you approve a home buyer’s offer, there is a home appraisal, and the buyer sends all the needed documents in and the mortgage file goes to underwriting. Then the underwriting process can be days or weeks, so home sellers will need to wait.

If the appraiser’s home value is lower than the purchase price, there will be issues, such as price negotiations in order for the home buyer loan to be approved. There may also be a new appraisal. 

Keep in mind, after the home buyer loan is approved, the home is still not considered sold. In most cases, it can take a month between loan application to closing. There are some cases when this process can take even longer, in excess of two months.

What Is A Contingency Sale?

Knowing more about a contingency sale is important for home sellers. A contingency sale happens when a home buyer needs to close on their existing home before being able to purchase yours. This contingency must be completed before you are able to close and finally pass ownership of your home to the buyer.

You can get around a contingency sale in some cases. For example, a release of contingencies can be signed, or the home buyer can deposit money to close escrow. However, this is not a guarantee. The home buyer could deposit the full amount of the home in cash, but the home will still not be considered sold.

Alternatives To The Above Home Selling Process

If the above home selling process, and the stress of trying to sell your home on the real estate market is too much of a hassle, there are alternatives. Many home sellers can sell to a direct home buyer or iBuyer instead.

How does that work? Direct buyers or iBuyers buy homes for cash, making very competitive cash offers. This is ideal for home sellers that want, or need, to sell fast. Sellers that don’t want to spend a fortune on repairs to get a home ready to sell. As well as home sellers who get a great offer without commissions, home fees, and closing costs attached.

DealHouse is an expert in this. We buy homes on Long Island in Suffolk County and Nassau County cities, such as Amityville, Babylon, Bayshore, Deer Park, East Islip, Elwood, Farmingdale, Farmingville, Hauppauge, Kings Park, Lake Grove, Lake, Ronkonkoma, Levittown, Massapequa Park, Medford, Nesconset, Oakdale, Patchogue, Smithtown, West Islip, West Babylon, and other cities listed below.

Long Island cities to get cash offer on a house with DealHouse

The process of selling your home to DealHouse is simple. Check out our 3-step method:

If you’re ready to sell your home on Long Island, get a free home cash offer from DealHouse within 24 hours. No hassle. No stress. No Realtor commissions. No repairs. With us, you can sell your home on your terms. It’s that easy. 

Top 4 Frustrating Reasons Why Your Home Is Not Selling
December 04, 2019

Your home has been on the real estate market for months and still no sale. No serious home buyers, and no offers. This can be very frustrating for home sellers. The frustrating reasons why your home isn’t selling could amount to a variety of reasons. It could be a poor real estate market, unrealistic asking price, location, the time of the year, and plenty more factors.

To help you ease the frustration, our home buying experts at DealHouse compiled a list of potential reasons your home simply is not selling. It may help you answer the stressful question: Why isn’t my home selling?

1. Your home is not selling because it just isn’t ready to sell

This is one of the top frustrating reasons why your home is not selling. If you take an in-depth look at all the homes listed in your area, and 95 percent of them are not selling, you need your home to be within the 5 percent of homes that are. This could have a lot to do with the comps your real estate agent used to help dictate the asking price.

For instance, maybe the comps are simply a bit behind the curve. To take this frustrating reason why your home isn’t selling off the table, check out current home sales data in your area.

Then look at the curb appeal of your home, the interior, kitchen appliances, bathroom condition, and more. Ready your home to sell by comparing it to the homes that are selling and the rest will fall into place.

Get a free online competitive cash offer on your home with DealHouse and skip the frustrating process of selling traditionally. 

2. Your home is not priced to sell in your market

This is definitely a frustrating reason why your home is not selling. Simply because you may not know what pricing your home to sell really means. Sure, your real estate agent feels confident about your home’s asking price, but he or she is not the one who needs to sell fast and move on with life’s next great adventure.

We buy homes in Suffolk County and Nassau County on Long Island. And let’s say you wanted to sell your Suffolk County, Long Island home. If you were to look at the asking prices in that area, you would see that homes are listed for around $500,000. Now you did your homework and listed your home for $511,000. But it has been months and still no offers.

Frustrating for sure! The reason why your home is not selling is because the average home in Suffolk County is actually selling for around $400,000. Thus an asking price of $511,000 is not priced to sell in the Suffolk County, Long Island market.

Here are some other cities in Suffolk County with average home values worth noting:

  • Smithtown – $520,000
  • West Babylon – $390,000
  • Deer Park – $371,000
  • Kings Park – $455,000
  • Central Islip – $374,000

Price your home to sell, but be sure it is comparable to the homes being sold in your area. You may be way overpriced for your market.

Don’t want to worry about asking price? Sell your home fast by getting a competitive home cash offer, and even choose your closing date.

3. The images you have of your home are lackluster

Images are a major part of selling a home. And if your images are lackluster, it could be one of the frustrating reasons your home is not selling. You need high-quality, professional photos of your home, and a lot of them. 

Here are some home selling photo tips to consider:

  • Shoot all the bedrooms. Yes, the master bedroom should be the showcase photo, but don’t forget to shoot high-quality photos of all the bedrooms. Think like a home buyer. If your home is listed as a three bedroom, have images of all three. No exceptions.
  • Highlight key selling points. If your home has an in-ground pool or remodeled master bath, take a lot of photos of those key home selling features. This can entice home buyers to take a tour to see these key selling points.
  • The kitchen is at the heart of the sale. Kitchens are one of the most important spaces for home buyers. This makes it critical to have 10 or more photos of your home’s kitchen to really showcase the heart of the home. If your kitchen is not up to par, consider remodeling it, or adding new kitchen appliances to entice home buyers.
  • Add substance to all photos. This is a pro tip many real estate agents will forget. By adding text to your photos, you are marketing each individual home feature to the max. You could write short text like “morning breakfast sun” for a kitchen nook, or “summer ready” for a photo of the pool and backyard.

4. Last, but certainly not least, you have the wrong real estate agent

Many home sellers may not know that one of the most frustrating reasons your home is not selling is the real estate agent. You probably did a bit of due diligence when choosing your realtor, but the truth is, not all real estate agents are created equal. 

For instance, if you want to sell your home fast, you need a listing agent that is an expert in quick home turnover and high volume. Think of it like this, do you want an agent that sells 5 or so homes a year, or one that sells 50 to 100 homes? For a fast home sale, the high volume realtor knows how to get it done.

Skip the realtor and consider alternative ways to sell your home

There are also alternative ways to sell your home. Direct home buyers and iBuyers make selling a home fast pretty simple. You can get a cash offer on your home within 24 hours and even select the closing date. And it is mostly done online.

Going the alternative selling route is certainly fast and simple. And in some cases, you may even get a pretty close offer to what you will probably walk away with using a real estate agent. That’s because you don’t need to worry about home improvements, realtor commissions, home inspections, home appraisals, and other costly fees that are hidden in home sales.

Interested in selling your home today? Contact DealHouse and get a competitive cash offer that allows you to sell your home on your terms.

Everything You Need To Know About Selling Your Home During The Holidays
December 02, 2019

Are you selling your home during the holidays? Has it been a bit slow going? There are certainly a number of benefits and drawbacks to selling your home during the holidays. For instance, you can be sure that if someone is interested in your home during the holiday months, they are probably a serious home buyer.

It’s also important to know that a real estate agent will tell you to keep your home on the market, regardless if it is the right time of year. Because if it’s not listed, they can’t get a commission on your home’s sale. If you have a real estate agent currently, they may be worried if you take your home off the market, you may relist with a different agent down the road.

Regardless of the above, selling your home during the holidays is important. You may need to sell your home fast and move across the country for a new job that begins after the New Year. To help, we compiled some expert opinions that encompass selling your home during the holidays. Let’s take a closer look.

Get a cash offer on your home from DealHouse this holiday season and move on your terms. Competitive home cash offers are made within 24 hours.

Selling Your Home During The Holidays — Drawbacks

One of the biggest drawbacks to selling your home during the holiday season is you may not sell your home at all. Most home buyers are not looking during the holidays, because they are busy doing holidays stuff. Winter is also not the right season. 

Most home buyers are out in the Spring and Summer, because that is when kids do not have school. Not to mention better moving weather, and it’s easier to get time off from work. 

Another drawback of selling your home during the holiday season is poor offers on your home. Many home buyers and their real estate agents may think you’re desperate to sell your home, because it is listed during a major off-season for home buying. This can lead to really low offers, a long run-around, or simply non-interested home buyers.

And if you get a buyer that is ready to purchase your home, you may need to wait till after the New Year to close anyway. This is because many of the people you need to be involved in selling a home will be on holiday vacation. Not good for home sellers!

Benefits Of Selling Your Home Holiday Time

Selling your home during the holidays does have a few benefits. However, it does depend on the real estate market in your area, location, the home buyer’s interests, and more. For example, if you live on Long Island, the snow can make showcasing your home’s beautiful exterior difficult. And if a home buyer is all about the exterior, it’s a lost cause.

One big benefit of having your home listed during the holidays is that you have less competition. Since it is not a high-season for selling a home, most homes will not be listed, thus giving serious home buyers less choices. 

This is especially beneficial if your home is considered hard to sell based on defects, or poor condition. Less competition may make a home buyer more willing to go with a bit of a fixer-upper.

If you don’t want to wait around to sell your home this holiday season, DealHouse is ready to make you a competitive cash offer. Learn how DealHouse works today.

Holiday Home Selling Tips

If you’re selling your home during the holidays, you may want to consider a few holiday selling tips. For example, cutting back on the holiday decorations could be very beneficial. Sure, this may be your favorite time of year, but if you want to sell your home fast, you will need to make some sacrifices.

Decorations need to be at a minimum. You definitely don’t want to try and show your house with thousands of holiday lights stapled into the awnings and porch pillars of your home. That just adds up to holes for a home buyer. 

A few other holiday home selling tips include:

  • Opt for a smaller Christmas tree if you usually put one up. A large tree can take up valuable space that a home buyer will be eyeballing. You may even want to skip the tree altogether if you want to sell your home fast this holiday season.
  • Don’t clutter up the home with a ton of holiday decorations. For instance, skip the garland around the staircase banner, and maybe don’t hang those stockings you’ve had in the family for decades.
  • Keep key selling features viewable, like the fireplace, remodeled kitchen, and other selling points, since home buyers will certainly be making notes on these features during their visit.
  • But use the holiday season to your advantage, such as small decorations and freshly baked holiday cookies. You can even serve up apple spiced holiday cider during a holiday themed open house.

Skip The Stress! Sell Your Home With DealHouse This Holiday Season

Do you want to skip the above holiday home selling tips and just get an offer already? With DealHouse you can. Simply give us your address and key details about your home online, and within 24 hours you’ll have a very competitive cash offer. You can even pick the closing date.

Check out our simple 3-step process:

As direct home buyers, you also skip the commissions and fees normally costing home sellers thousands of dollars. We buy homes in Suffolk County and Nassau County on Long Island in the following cities:

Long Island cities to get cash offer on a house with DealHouse

Get a cash offer on your home today! Enjoy the holidays instead of stressing out about the sale of your home.

29 Home Seller Real Estate Terms You Need To Know
November 29, 2019

Real estate terms can be difficult to understand, especially for a home seller or home buyer. Terms like “Comps” and “Short Sale” can add to the stress of selling your home. To help any future home sellers, we compiled a long list of home seller real estate terms you need to know.

Knowing more means less stress for a home seller. Let’s get right into the essential home seller real estate glossary! 

29 Home Seller Real Estate Terms You Need To Know

1. Appraisal – A very in-depth, impartial opinion of the value of your home. An appraisal is completed by a licensed, certified appraiser whom bases the home value on comparable homes in your city and area, as well as a home walkthrough.

2. Appraisal Management Company – An appraisal management company (AMC) is an independent organization that orders home appraisals once a lender notifies the AMC.

3. Approved for Short Sale – Term used when a home seller’s financial institution has approved a reduced home value listing, and the home is approved to be resold.

4. Attorney State – A state that requires a real estate attorney be responsible for the closing of a home sale.

5. Buyer’s Market – A time in the real estate market when there are more homes for sale than buyers. This causes asking prices to drop and home sellers wait a long time to sell their homes.

6. Cancellation of Escrow – When a home buyer backs out of the sale of a home. Not good for a home seller. 

7. Capacity – Amount of money a home buyer can borrow.

8. Closing – A meeting when the actual ownership of a home is transferred from home seller to home buyer. Lenders and real estate agents are also present at the closing.

9. Closing Costs – Fees when a home is purchased, and due at closing. Closing costs may include title search, pest inspection, home inspection, appraisal costs, and more. Buyers normally cover closing costs based on a percentage of the home’s purchase price.

10. Closing Disclosure – The closing disclosure (CD) is a multi-page document a home buyer receives three days prior to closing.

11. Closing Escrow – Final transfer of property from home seller to home buyer with paperwork delivered to all involved parties. This often falls on the escrow agent.

12. Comparative Market Analysis – A comparative market analysis (CMA) is a very detailed analysis of your home, calculating your home’s value based on home similar to yours in the same area. Condition, age, size, and location are all key CMA factors.

13. Comps – Comps are comparable home sales in your city or area within the last six months. Comps give home real estate agents, direct buyers, and home sellers an estimate of a home’s value. 

14. Conventional Loan – Home loan that is not guaranteed by the government, like a VA or FHA loan.

15. Day On Market (DOM) – this is the length of time a home is actively listed on the real estate market for. Average DOM is two months, according to the National Association of Realtors

16. Earnest Money – This is a security deposit a home buyer makes to assure the home seller that there is serious intent to purchase the home.

17. Equity – The home value percentage a homeowner actually owns.

18. Foreclosure – A foreclosure is when a bank repossesses a home due to failure to pay mortgage payments over a period of time.

19. Home Inspection – An inspection of a home, normally occurring when a home is under contract or in escrow.

20. In Escrow – Length of time, typically 30 days after a home buyer makes an offer on a home that a home seller has accepted. This is when a home inspection and appraisal occurs.

21. Listing Price – Price of a home listed on the real estate market by the home seller.

22. Multiple Listing Service – A multiple listing service (MLS) is a database of listed properties listed on the real estate market. 

23. Sellers Market – When market conditions present more home buyers than homes for sale.

24. Short Sale – When a home seller owes more on his or her home than the home is worth. This is also known as being upside down or underwater on a home. 

25. Transfer Stamps – Form that shows the home buyer has paid transfers taxes. 

26. Transfer Taxes – Taxes by the state or county when there is a home sale and a transfer of title is made.

27. Underwriting – A lender’s process when assessing a home buyer’s income, credit, and all risk involved prior to approving a home mortgage.

28. Walkthrough – The final home inspection of a home buyer prior to closing.

29. Water Certificate – Certificate of proof that water account for a home has been paid, per the home seller’s responsibility.

Get a cadh offer on your home with DealHouse!

The above home seller real estate terms are always great to know when selling a home. There are more terms you may hear, but these 29 are among the most common. 

You can also skip the terminology. Instead, get a cash offer on your home within 24 hours. DealHouse makes selling a home easy. No real estate agents, no commissions, no stress, and no unfamiliar terms to learn.

Get your free cash offer today!

The Real Estate Cash Offer Explained For Home Sellers And iBuyers
November 25, 2019

The real estate market is changing. The digital era has ushered in a number of streamlined processes for buying and selling a home via the cash offer. In many cases, you may not need to use a real estate agent to sell your home. Home sellers are now selling directly to an iBuyer.

What is a cash offer on my home exactly?

A cash offer is exactly what the phrase entails — a cash offer on your home. This eliminates the need for a real estate agent (in some cases), no mortgage loan for the home iBuyer, and a variety of other benefits for seller and buyer.

Getting a cash offer on your home can be far more beneficial. Why? One reason is that you don’t need to worry that a buyer’s financing will fall through.

Another reason is less seller fees, real estate commissions, etc., as well as the benefit of time. An iBuyer that makes a cash offer on your home is ready to buy quick, allowing you to move out and on with your life faster.

An iBuyer cash offer can greatly reduce the time it takes to sell a home, when compared to the traditional real estate route. For instance, the average time it takes to sell a house is about 62 days, according to the National Association of Realtors

Interested in getting a cash offer on your home? There are iBuyers like DealHouse ready to make an offer today. And you can get your offer within 24 hours.

Are cash offers on homes common in real estate?

Contrary to what many people think, cash offers on homes are pretty common. Research from ATTOM Data Solutions found that cash offers on homes accounted for over 25 percent of all single family sales.

Cash offers on homes certainly differ by region and state, but they are a growing alternative buyers and sellers are taking an interest in. For instance, the rate of a cash offer in Naples, Florida were as high as 53 percent in 2018.

And iBuyers, those who buy houses for cash online, are not the only ones ready to shell out cash for a home.

Cash offers in real estate for home sellers are:

  • iBuyers who make online cash offers
  • Investor, or a company comprised of investors, buying homes for cash
  • Home buyer in a competitive real estate market
  • Home buyer who has already sold a home and has cash on hand
  • Home flippers offering cash for old homes that need major repairs

A cash offer can come out of nowhere though. If you want to sell your house quickly, an iBuyer, home buyer with cash on hand, and other types of buyers can help. Definitely don’t count out the cash offer.

How is a cash offer different than the traditional real estate offer?

This is an important question, since a cash offer on your home can change a few things for the home seller. For example, the total home selling process is streamlined. How? Generally, there is no mortgage for the buyer, no documentation, no underwriting, and in most cases no home appraisal. 

Other ways a cash offer differs from traditional real estate offers include a simplified closing process. The home buyer will sign the title, deed, and settlement statement with a cashier’s check in hand.

You take the check as the home seller and hand over the keys. Closing costs are lower as well, or in some cases, non-existent.

When working with an iBuyer, you will get a cash offer on your home, and as a home seller, you can weigh the benefits and drawbacks. 

Benefits of a cash offer include:

  • No stress about the home buyer’s financing not going through
  • Easy closing process that is very fast, compared to the traditional real estate closing
  • There are normally no appraisals, because there is no bank loan involved
  • Many contingencies can be avoided for both buyer and home seller
  • You get a pretty competitive home cash offer

The drawbacks are far and few between. You may not get an offer that is close to your asking price, but if you take into account the 6 percent commission of a realtor, closing costs, appraisal fees, home repairs to get your home ready to sell, and other costs, the offer can be pretty good.

How DealHouse can get you a cash offer on your home

DealHouse specializes in cash offers that are very competitive. They are an iBuyer in Suffolk County and Nassau County on Long Island, New York, serving the following cities:

Long Island cities to get cash offer on a house with DealHouse

Benefits of a DealHouse cash offer include an offer within 24 hours, a 3-step process, all done digitally, and you get to choose your closing date. Get your free online cash offer today, and sell your home on your terms.

No commissions, no pushy realtors, no home inspections, no stress and hassles. It really is that easy to sell your home.

Get an offer on your home with DealHouse!

8 Home Selling Tips To Sell In 2020 From DealHouse Direct House Buying Experts
November 22, 2019

Are you planning to sell your home in the New Year? Selling a house anytime of year can be challenging, stressful, and downright exhausting. However, with a few home selling tips from direct house buying experts, the process of selling your home can be made easier.

8 home selling tips to sell in 2020 include:

  1. Have a competitive home asking price
  2. Curb appeal matters to home buyers
  3. Timing is everything when selling your home
  4. What is your home’s unique selling point?
  5. Depersonalize as much as possible
  6. Get rid of any bad odors
  7. Sweeten the deal with features
  8. Consider not using a real estate agent

You may be pondering a few home seller questions like, How much should I list my home for? Should I do home improvements before selling? Do I need a real estate agent, or can I sell my house by owner? And the list goes on.

To help, we compiled a list of 8 home selling tips to sell in 2020 from DealHouse direct house buying experts. Let’s dive in!

1. Have a competitive home asking price

The price you list your home on the market for is not to be taken lightly. You certainly want to get what your home is worth, but depending on how fast you want to sell your home, and the real estate market in your area, you may need to have a lower asking price than you thought. 

For instance, in Suffolk County, Long Island, New York, the average home value is over $500,000. But the actual price the homes in Suffolk County are selling for is around $400,000. This is a big difference. So if you want to sell your home fast in the New Year, you will need to have a competitive asking price.

2. Curb appeal matters to home buyers

If you want to improve your chances of selling your home in 2020, this home selling tip is an important one to consider. The curb appeal of your home can make a big difference and potentially reduce the time your house sits on the real estate market.

The average is about two months, according to the National Association of Realtors. Improve curb appeal with landscaping, exterior paint, new porch, and more.

Improving curb appeal can be costly. Get a free online cash offer on your home within 24 hours with DealHouse. Skip the work and stress of selling.

3. Timing is everything when selling your home

The US housing market for 2020 will thrive in the spring and summer. Even if you live in a warm all year regions of the US like Miami or Los Angeles, you will still have a better chance of selling your home in spring and summer seasons.

Why? Most families move during the summer months due to school year schedules. So if you want to have a better chance of selling your house fast, those should be your seasonal targets.

I Need To Sell My House Quickly

4. What is your home’s unique selling point?

This is an important question to ask, and a top home selling tip to sell in 2020. Like selling anything, whether it is a pencil or home, you need to have a list of top selling points to entice potential buyers.

This could be a pool, large kitchen with new appliances, smart home features, location, and more. Think about your home’s unique selling points, and showcase them.

5. Depersonalize as much as possible

This can be a difficult home selling tip to manage, because living in a house that doesn’t feel like home can be stressful and anxiety filled. But it is necessary to depersonalize your home as much as possible.

This helps potential buyers picture the home as their own. This includes removing all those family photos, personal decor specific to your tastes, and more.

Selling your home doesn’t need to be stressful. You can get a competitive cash home offer from DealHouse direct house buyers within 24 hours. Move on your terms!

6. Get rid of any bad odors

Odors in the home can be an instant turn-off for potential buyers. To sell in 2020, our team of expert direct house buyers, recommend hiring professional cleaners that can identify odors in your home and eliminate them.

The reason why you need to hire out for this home selling must-do is because you may not be able to smell odors in your home. You’re used to them.

7. Sweeten the deal with features

Adding some additional features to your home before selling can have a big impact on the time it takes to sell, and the money you can get. For instance, you can add new kitchen appliances like a new stove and fridge.

You can also take added features outside, like getting a new roof and gutters. These features are major selling points for home buyers.

DealHouse home cash offer Long Island

8. Consider not using a real estate agent

This is a very important home selling tip to sell in 2020. The digital age has ushered in plenty of innovations, as well as connect people with businesses of great value.

This means you may not need a real estate agent to sell your home. The alternative methods of selling, like enlisting the help of a direct house buyer, has tremendous benefits.

For example, when selling to a direct house buyer you don’t need to pay hefty commissions. A real estate agent will take 6% of your home’s sale price, so if you sell your home for $300,000, you will immediately lose $18,000.

That could be a large part of your retirement or down payment on a new home.

There are also a ton more fees and costs associated with all the above home selling tips. And in 2020, you don’t need to do any of the above to sell your home to a direct house buyer.

This is when DealHouse comes in handy. You can get a cash offer on your home within 24 hours, all online from your sofa, office, or favorite coffee shop. No hassle from agents, no stress, no middlemen taking a big cut of your home’s value.

The 3-step process is easy, and you can learn more in the video below:

Where does DealHouse buy homes? We are direct house buyers in Suffolk County and Nassau County on Long Island, New York. Here’s a list of the cities we buy homes in:

Long Island cities to get cash offer on a house with DealHouse

Get your home cash offer today from DealHouse, the direct house buyers that make selling your home easy. No stress. No realtor commissions. And you get to pick your closing date.

Check out our client reviews and learn more about DealHouse here. We look forward to getting you moving!

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